La Tablita Group
The president of this group is Jonathan, a person who is described as hardworking, reserved, humble, honest and above all has the desire to get ahead. This is why his companions see him as a dignified representative of his homeland and an example for the children living with him.
The requested loan through Fodemi will be used to buy wood and a grinder in order to make furniture, which is what is most sought after right now. The loan is going to help to improve earnings which betters the quality of life for his family and what is most important that of the two little children.
Jonathan’s dream is to have his own carpentry workshop where he can make all types of furniture and to be known throughout the city for the quality of his work, and to teach this craft to his children without neglecting their education which is what Jonathan wants most for his children.
El presidente de este grupo el Sr. Jonathan, un persona que se describe muy trabajadora, reservado, humilde, honrado y con todas las ganas de salir adelante, es por esto que sus companeros lo ven como un digno representante de su tierra y un ejemplo para los ninos que viven junto a el.
El credito solicitado a Fodemi, les va a servir a la compra de madera y de una moladora para la fabricacion de muebles, que es lo que mas esta solicitado en estos momentos, este credito va a ayudar a mejorar sus ingresos y al vez mejora la calidad de vida de su familia y lo mas importante la de sus pequenos hijos.
El sueño de Jonathan es tener un su propio taller de carpinteria, donde pueda fabricar todo tipo de muebles y ser reconocido en toda su ciudad por la calidad de su trabajo, y enseñar este oficio a sus hijos sin descuidar el estudio que es lo que mas quiere Jonathan para sus hijos.
About FODEMI, a partner of World Vision InternationalFODEMI is a microenterprise development fund that supports groups of entrepreneurs who lack access to formal financial systems. The organization works with vulnerable populations, especially women, in the marginalized urban and rural sectors of Ecuador. Its clients work in a variety of sectors including agriculture, artisan crafts and the commercial and service sectors. Kiva lenders’ funds are used to expand the organization’s services to the poor living in more rural parts of Ecuador.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid